Streetbeat News

Revenues

YEXT

Yext has provided its financial outlook for FY25, expecting revenue to be between $400M-$402M, slightly below the estimated $408.673M. However, its adjusted EPS forecast of $0.30-$0.31 is above the estimated $0.28.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:21 pm

WSR

Whitestone REIT reported Q4 sales of $37.52M, surpassing the analyst consensus estimate of $37.44M by 0.22% and marking a 7.46% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:17 pm

FLT

FLEETCOR Technologies, Inc. (NYSE:FLT) has completed a majority investment in Zapay, a Brazilian vehicle payments company. This investment is part of FLEETCOR's strategy to expand its Vehicle Payments business in Brazil and provides access to Zapay's two million monthly users. Zapay, known for its digital mobility solutions for paying vehicle taxes, registration, and tickets, is integrated with the National Traffic Departments across all 27 Brazilian states. The company has seen a revenue growth of over 60% annually. FLEETCOR has the option to acquire the remaining shares of Zapay in four years. The partnership aims to leverage cross-selling opportunities between FLEETCOR's and Zapay's customer bases.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:15 pm

SPIR

Spire Global provided its FY24 financial outlook, expecting adjusted EPS to range from $(0.24) to $0.11, compared to the estimated $(1.80). The company also forecasts revenue to be between $138M and $148M, versus the estimated $142.785M.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:13 pm

OSPN

OneSpan projects its FY24 revenue to be between $238 million and $246 million, slightly above the estimated $237.910 million.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:11 pm

HNST

Honest Company projects its FY24 net revenue growth to be in the low-to-mid single digit percentage range.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:09 pm

HDSN

Hudson Technologies (NASDAQ:HDSN) reported Q4 earnings of $0.08 per share, meeting analyst estimates, and sales of $44.86M, exceeding the $40.28M estimate. This represents a 27.27% decrease in earnings and a 5.45% decrease in sales from the same period last year.

Portfolio Pulse from Happy Mohamed

March 06, 2024 | 9:08 pm

AAL

DAL

LUV

RYAAY

Airlines are increasingly monetizing carry-on baggage, a trend highlighted by a study from IdeaWorks and CarTrawler. The report indicates that baggage fees have become a significant revenue stream for airlines, with American Airlines Group (AAL) generating a record $7.42 per passenger in baggage revenue in 2021. Both Delta Air Lines Inc. (DAL) and Southwest Airlines Company (LUV) are enforcing size restrictions for carry-on items, while Ryanair Holdings Plc (RYAAY) charges for additional carry-on items and attributes its policy to reducing flight delays.

Portfolio Pulse from Neil Dennis

March 06, 2024 | 9:04 pm

AEYE

AudioEye projects Q1 adjusted EPS between $0.06-$0.08 and revenue of $8M-$8.1M. For FY24, it expects adjusted EPS of $0.29-$0.38 and revenue between $34M-$34.4M.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:03 pm

MTB

M&T Bank (NYSE:MTB) has received mixed analyst ratings over the past three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for MTB has increased to $160.57, reflecting a positive adjustment in analysts' expectations. Despite facing challenges such as a -2.69% decline in revenue growth and a below-industry net margin, M&T Bank's strong market position, impressive ROE, and ROA highlight its financial performance. Analysts' actions, ranging from maintaining to raising or lowering ratings, indicate a nuanced view of the bank's prospects.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 9:01 pm